Huobi Primelist will be listed on KingdomX (KT) on February 9th.
Huobi Primelist to List KingdomX (KT) on February 9
Huobi Global will list KingdomX (KT) on the new token listing platform Primelist at 19:00 (GMT+8) on February 9, 2022.
Similar to Huobi Prime, Primelist is a new token listing platform launched by Huobi Global to expand the pipeline of high-quality tokens. Users participating in the Primelist event will have the opportunity to buy new tokens at lower prices and trade newly listed tokens after the Primelist event ends.
Registration Method | Register via Queue | Register via HT Holdings |
---|---|---|
Token | KT | KT |
Sale Period | 8:00 (UTC) on Feb 9 – 10:30 (UTC) on Feb 9
(Trading will open at 11:00 (UTC) on Feb 9, 30 minutes after the sale period ends) |
8:00 (UTC) on Feb 9 – 10:30 (UTC) on Feb 9
(Trading will open at 11:00 (UTC) on Feb 9, 30 minutes after the sale period ends) |
Sale Volume | 6,666,666 tokens (0.66% of total supply) Up to 3,333,333 tokens (0.33% of total supply) | 6,666,666 tokens (0.66% of total supply) Up to 3,333,333 tokens (0.33% of total supply) |
Queue numbers for eligible buyers | 1-800 | NA |
Purchase Price | 0.012 USDT per token | 0.012 USDT per token |
Purchase Limit | 50 USDT | Allocation on a pro rata basis |
Payment Method | USDT | USDT |
Users can participate in this campaign in two ways. Each user can only choose one way to participate, and the selected way of participation cannot be changed after registration.
Participate in KingdomX (KT) token sale
1. Register by serial number
Users who have not completed identity verification must register on Huobi Global and complete identity verification before 16:00 (GMT+8) on February 9, 2022.
During the period of 5 days from 23:00:00 on February 5th, 2022 to 17:45:00 on February 9th (GMT+8), users can conduct spot transactions of any asset, and the average daily transaction volume during the 5-day registration period is ≥ 200 USDT is eligible for registration.
Average daily spot trading volume = total spot trading volume during the event registration period/number of days during the event registration period (calendar days)
For example, if the event registration time is from 2:00:00 on December 21st, 2021 to 16:00:00 on December 24th (GMT+8), and a user’s transaction volume during this period is ≥ 5,000 USDT, according to the above formula Calculation: 5,000/4=1,250, so the average daily transaction volume of this user is 1,250 USDT.
During the event registration period, users can check the transaction amount on the event page at any time. Spot trading volume includes the buying and selling volume of all available trading pairs, excluding USDT/HUSD, PAX/HUSD, USDC/HUSD, TUSD/HUSD, DAI/USDT, TUSD/USDT, PAX/USDT , DAI/HUSD, UST/USDT, and wash trading.
Before 18:00 (GMT+8) on February 9, 2022, the open interest of the currency account will reach 50 USDT.
Activity process:
On February 9, 2022, 16:00 – 17:00 (GMT+8), eligible users can sign up for this event. After completing the registration, the system will automatically lock the available balance of USDT in the Bibi account. (Please note: If you do not complete the event registration process, you will not be able to participate in the event.)
From 17:00 – 18:30 (GMT+8) on February 9, 2022, the system will randomly select 800 lucky users from the participating users, and each lucky user can buy KT worth 50 USDT. Selected lucky users can check their serial number (1 – 800) on the webpage.
The system will automatically unlock the USDT available balance of the rest of the participating users’ currency accounts.
Participate in KingdomX (KT) token sale
2. Sign up based on HT holdings
Users who have not completed identity verification must register on Huobi Global and complete identity verification before 16:00 (GMT+8) on February 9, 2022.
During the period from 00:00:00 on February 6th, 2022 to 23:59:59 on February 8th (GMT+8), the minimum HT holding amount is 300 HT on average. During this period, the system will randomly take snapshots every 24 hours to calculate HT During this period, you can check your HT holdings on the event page at any time. In addition, please also ensure that your USDT holdings also meet the minimum requirements for the event, as shown in the table below. Please note that all payments will be made in USDT.
3-day average HT Holdings | Cap for Order Placement | Minimum USDT Holdings Required |
---|---|---|
300≤x<1000 | 50 USDT | 50 USDT |
1,000≤x<3,000 | 100 USDT | 100 USDT |
3,000≤x<5,000 | 150 USDT | 150 USDT |
5,000≤x<10,000 | 200 USDT | 200 USDT |
10,000≤x<50,000 | 250 USDT | 250 USDT |
50,000≤x<500,000 | 750 USDT | 750 USDT |
x≥500,000 | 2,000 USDT | 2,000 USDT |
On February 9, 2022, 16:00 – 17:00 (GMT+8), eligible users can sign up for this event. After completing the registration, the system will automatically lock the available USDT balance in their currency account. (Please note: If you do not complete the event registration process, you will not be able to participate in the event.)
From 17:00 – 18:30 (GMT+8) on February 9, 2022, the system will automatically place an order based on the USDT amount of the upper limit of the order amount (as shown in the table above), and allocate new tokens to each participating users.
After the distribution is completed, the remaining USDT will be returned to the user’s currency account.
The number of new tokens allocated to each participating user = the order amount of each participating user (USDT) / the order amount of all users (USDT) * the total supply of new tokens
Participate in KingdomX (KT) token sale
Terms and Conditions of the promotion
Huobi Global will open KT value-added services and spot trading (KT/USDT) at 19:00 on February 9, 2022 (GMT+8).
Huobi Global will open the KT withdrawal service at 18:00 (GMT+8) on February 12, 2022.
KT leveraged trading, contract trading and related activities that provide rich rewards will be launched one after another after KT spot trading opens, so stay tuned!
Within 3 minutes after spot trading starts, the platform will not limit the use of market orders. The price set by the limit order shall not be higher than 10 times the price set in this event.
If there is no order with the latest price ±10%, the system will automatically cancel all-new market orders for buy/sell to avoid sharp price fluctuations. As the price of new tokens fluctuates greatly, please be sure to do a risk assessment before trading newly listed tokens.
Participate in KingdomX (KT) token sale
Please check Huobi official website or contact the customer support with regard to the latest information and more accurate details.
Huobi official website is here.
Please click "Introduction of Huobi", if you want to know the details and the company information of Huobi.
(Forex Broker)
Comment by Hans
April 24, 2024
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